Brief: Bilendi H1 EBITDA Up At EUR 3.6 Mln

Bilendi SA

04/10/2021 16:53

Oct 4 (Reuters) - BILENDI SA  ALBLD.PA :
    * BILENDI: EXCELLENT H1 2021 RESULTS
    * H1 NET PROFIT 1.5 MILLION EUR VERSUS -300,000 EUR LOSS
YEAR AGO
    * H1 REVENUE 19.2 MILLION EUR
    * OUTLOOK: CONFIRMATION OF 2023 AMBITIONS
    * CONFIRMS ITS AGGRESSIVE GROWTH STRATEGY, COMBINING ORGANIC
GROWTH, TARGETED ACQUISITIONS AND AMBITION TO REACH BY 2023 A
TURNOVER OF EUR 50 MILLION AND AN EBITDA BETWEEN 20 AND 25% OF
REVENUE, I.E., EUR 10 MILLION TO EUR 12.5 MILLION
    * IN FIRST HALF OF 2021, BILENDI RECORDED AN EBITDA OF EUR
3.6
MILLION, UP +80.4% COMPARED WITH H1 2020
    * IN H1 AFTER ACCOUNTING FOR DEPRECIATION, AMORTISATION AND
PROVISION FOR AMOUNT OF EUR 1.7 MILLION, OPERATING INCOME
AMOUNTED TO EUR 1.9 MILLION

Source text for Eikon:  ID:nEQ5dY7N3a 
Further company coverage:  ALBLD.PA 

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